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Farhan Zaidi: “Unlikely” That Giants Can Circle Back To Carlos Correa Deal

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Giants president of baseball operations Farhan Zaidi addressed reporters (including ESPN and Susan Slusser of the San Francisco Chronicle) for the first time since the team’s $350MM deal with Carlos Correa fell through due to concerns raised in the physical. Correa has since agreed to a $315MM deal with the Mets, but they too are concerned by the player’s physical and that signing has not been made official.

It’s been quiet since reports emerged on Christmas Eve that the Mets had concerns over his physical, with the last report stating the teams were working through things and a deal with New York still appeared “likely”. That’s not stopped a few other teams checking in on the situation, and Zaidi confirmed that the Giants have also checked in with Correa’s agent Scott Boras.

“We’ve had some conversations. Since then, obviously, you know, we’ve been in touch with Boras on other players as well. But our understanding and, as it’s been reported, they’re focused on a deal elsewhere at this point. So I think chances of a deal with us at this point are pretty unlikely based on their position,” Zaidi said.

Correa’s deal with San Francisco falling through shocked the baseball world. The Giants had scheduled a press conference to introduce their new star, but postponed that to further investigate Correa’s physical. That set off a chain of events that came together quickly, and within 24 hours Correa had agreed to a deal with the Mets. Zaidi confirmed that the Giants and Correa’s camp had different views on the medical review, but said they maintain a strong relationship with Boras.

“I was on the phone with Scott Boras on the Monday that we did Carlos’ physical right when his plane landed in San Francisco at 5 p.m., and those conversations continued from that point, so any suggestion that this was an 11th-hour thing is just not accurate. As soon as we had information, we shared it. We have a good working relationship with Scott Boras and his agency.”

The off-season has surely been a frustrating one for the Giants organization. They came into the winter in search of a new face of the franchise, and make a strong push to sign top free agent Aaron Judge. The reigning AL MVP would turn them down to re-sign with the Yankees on a nine-year, $360MM deal. They quickly pivoted to Correa, and just six days after news broke that Judge had agreed to return to New York, reports emerged that the Giants and Correa were in agreement on a 13-year deal.

The team has still been active this winter, adding Ross Stripling and Sean Manaea to their rotation, Taylor Rogers to the bullpen and Michael Conforto and Mitch Haniger to the outfield. San Francisco certainly has a stronger roster as a result of those moves, but they do lack the superstar they coveted coming into the off-season, and the free agent market no longer has any stars.

“One of the unfortunate aspects of the offseason is there’s been — and maybe this is inevitable given the players — a lot of attention paid to players that we wound up not signing rather than the players that we have signed,” Zaidi said.

One added layer to the Correa saga is what it means for long-time Giants shortstop Brandon Crawford. He’s entering the final year of his contract, and is owed $16MM in 2023. A Correa signing would have likely meant that Crawford moved to third-base, but it seems with the Correa deal off he’ll be manning short in his 13th season in San Francisco.

“I’m sure it was a frustrating and confusing period for him, but I also said we had to explore every opportunity to improve this team, including the group of shortstops that were out there, All-Star-caliber players that we all felt would really improve our team. I think Brandon was aware that adding one of these players was a possibility. It didn’t work out and he’s our shortstop now and we want and expect to be a playoff team.”

Managers & Top Front Office Executives On Expiring Contracts

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Some teams don’t publicly announce contract terms, or in some cases, even if a manager or a top front office executive (i.e. president of baseball operations, general manager, or whatever title is given to the lead decision-maker) has been given an extension whatsoever.  As a result, this list of the managers and executives entering the final years of their contracts is somewhat unofficial, as it wouldn’t be surprising if at least a few names on this list are indeed locked up beyond 2023 on pre-existing contracts or on extensions that have yet to be publicly announced.

Naturally, job security goes beyond just the terms of a contract.  One wouldn’t have imagined that the Rangers’ Jon Daniels or the Royals’ Dayton Moore were necessarily on thin ice heading into the 2022 season, yet the two longtime front office bosses were fired before the season was even over, as both Texas and Kansas City underachieved.  Likewise, former Astros GM James Click seemed like a sure bet for a long-term deal given Houston’s success, and yet due to some internal discord with owner Jim Crane, Click ended up leaving after the Astros offered him only (what seemed like a token of a) one-year extension.

The addition of the extra wild card spot could put even more pressure on teams to win, especially since the Phillies’ run from sixth seed to NL champions underlined what can happen if a club can just get into the postseason bracket.  In addition, some of the names on this list face uncertainty due to potential changes in team ownership — and as the Astros showed, no amount of on-field success can help if an owner simply wants someone new in the baseball ops department.

As always, thanks to Cot’s Baseball Contracts for reference information on some of these contract terms.

Angels: Phil Nevin was moved from third base coach to interim manager when Joe Maddon was fired in June, and Nevin ended up leading the Angels to an underwhelming 46-60 record in his first stint as a big league skipper.  Despite the lack of success, the Halos removed the interim tag by signing Nevin to a one-year deal, giving him a longer (but not much longer) opportunity to see what he can do as the team’s manager.  The Angels organization as a whole is in a fluid state given that a new owner might be running the club by Opening Day or soon thereafter, and yet in what looks to be Arte Moreno’s last offseason as the Halos’ owner, Anaheim has been pretty aggressive in adding roster pieces to try and find that elusive winning mix.  If Nevin can help get Mike Trout, Shohei Ohtani, and company to the playoffs or even over the .500 mark, it will greatly help his case for a long-term contract under the new owner….or, possibly a managerial job elsewhere if the new owner still wants to brings in their own personnel.

Astros: Hired in rather abrupt fashion in the wake of the sign-stealing scandal, Dusty Baker’s three seasons in Houston have resulted in two World Series appearances, and the 2022 championship represented Baker’s first ring as a manager in 25 seasons in the dugout.  Baker’s initial contract (one year and a club option) has been followed up by successive one-year deals that weren’t finalized until after the Astros’ playoff runs were over, but Crane has repeatedly stated that he prefers to avoid distractions by waiting until after the season to work out contractual matters.  Baker’s age (74 in June) might be another reason why Crane has resisted giving Baker a longer-term deal, so another extension might not come for Baker until October or November.  With the Click situation lingering as an odd footnote to Houston’s championship season, Baker at least seems to have more sway with ownership than the former GM did, yet the Astros might have to keep winning to ensure that Baker is back in 2024.

Athletics: GM David Forst has been a member of Oakland’s front office since 2000, and he’ll now finally take over as the top job in the baseball operations department after Billy Beane moved to an advisory role with the club.  As per the terms of Forst’s last extension, he is signed through the 2023 season, and there wasn’t any word of a new contract attached to the Athletics’ announcement of Forst’s new role.  As the A’s continue to search for a new ballpark in Oakland or a potential move to a new city, there’s a bit of flux involved throughout the organization, yet it would certainly seem like the A’s will continue their tradition of front-office continuity by giving Forst a new deal at some point.  Forst is currently shepherding the Athletics through their latest rebuild, but if an extension wasn’t worked out, he would likely quickly find work elsewhere given how many teams have tried to poach him for other front office vacancies in recent years.

Brewers: Craig Counsell has been managing the Brew Crew since 2015, and 2023 is the final year of the skipper’s current four-year contract.  Milwaukee is an impressive 615-555 under Counsell’s watch, with two NL Central titles, four postseason appearances and a trip to the NLCS in 2018.  However, 2018 was also the last time the Brewers won a playoff series, and the team’s postseason streak ended in 2022 despite a respectable 86-76 record.  It would still seem like Counsell would be a strong candidate to receive an extension, though there’s some uncertainty throughout the organization in the wake of David Stearns’ rather surprising decision to step down as the team’s president of baseball operations.  General manager Matt Arnold is now in charge of the front office, though past reports suggested that Arnold’s own deal only lasts through the 2023 season.  Brewers owner Mark Attanasio could have some inclination to pursue a new direction if the Brewers struggled next year, and if Arnold isn’t seen as a long-term answer, Attanasio could look for a new front office boss as Stearns’ true replacement, and a new PBO or GM might also want to make their own managerial hire.

Cardinals: 2023 is the final season of the three-year extension John Mozeliak signed in November 2019.  A member of the Cardinals organization since 1995 and the head of their front office since the 2007-08 offseason, Mozeliak has been working under the president of baseball operations title since 2017.  Michael Girsch was promoted to the GM role at that same time, and is signed through at least 2024 as per the terms of an extension signed back in October.  With Girsch’s deal in mind, it would seem like Mozeliak will also be extended again, as the Cardinals have enjoyed 15 straight winning seasons and have reached the postseason in each of the last four years.  This being said, the bar for success is always high in St. Louis, and the team hasn’t won a playoff series since 2019 and hasn’t reached the World Series since 2013.

Diamondbacks: Executive VP/general manager Mike Hazen was already under contract through 2020 when he signed a new extension in September 2019, and the length of that new deal wasn’t released.  As such, it is possible 2023 might be Hazen’s final year under contract.  Manager Torey Lovullo’s status is more public, as the D’Backs exercised their club option on his services for 2023.  Since the Diamondbacks haven’t had a winning season since 2019 and haven’t made the postseason since 2017 (Hazen and Lovullo’s first year in Arizona), ownership might be waiting to see if any significant progress is made before exploring an extension for either its GM or manager.

Dodgers: Andrew Friedman came to Los Angeles on a five-year, $35MM contract that covered the 2014-19 seasons, and he then signed a new extension of an unknown length after the 2019 campaign was complete.  If that extension was only a four-year pact, 2023 would be Friedman’s final season as the Dodgers’ president of baseball operations, barring another new deal.  Despite the relative lack of postseason success in regards to the Dodgers’ dominance of the regular season, Friedman’s tenure has still delivered one World Series title, and it would seem like he has as much job security as anyone in baseball.

Giants: Farhan Zaidi is entering the final season of his five-year contract as San Francisco’s president of baseball operations.  Through two years of rebuilding (and competitive baseball) and then a 107-win season in 2021, it seemed like the Giants had taken a fast track to success, but things took a step backwards with an 81-81 record last year.  Heading into with the winter with an aggressive mandate to spend and attract high-profile talent to the Bay Area, the Giants have added some notable players but fallen short on two superstars — Aaron Judge re-signed with the Yankees, while Carlos Correa had agreed to a 13-year, $350MM pact with the Giants before the team delayed finalizing the deal due to concerns stemming from Correa’s physical.  Correa immediately pivoted to the Mets on a 12-year, $315MM contract, and since the Mets reportedly have their own issues with Correa’s lower right leg and ankle, the situation has become less of a fiasco for the Giants than it initially appeared.  Team chairman Greg Johnson gave Zaidi a vote of confidence heading into the offseason, but it remains to be seen if ownership is satisfied with the aftermath of this very unusual winter.

Guardians: There hasn’t yet been any public word on the details of Terry Francona’s extension, but the reigning AL Manager Of The Year has already been confirmed as returning for the 2023 campaign.  Given Francona’s health issues, 2023 could be his final season in the dugout, but the Guardians’ front office and team owner Paul Dolan have both intimated that Francona can remain as manager as long as he is willing and able.  President of baseball operations Chris Antonetti also doesn’t seem to be in any danger, though the longtime Cleveland exec’s contract terms aren’t known.

Marlins: Kim Ng has a 137-188 record over her first two seasons as Miami’s general manager, though as usual with the Marlins, it isn’t clear how much of those struggles are the GM’s fault.  Derek Jeter’s departure as CEO last March left an upper management void within the organization, and while the Marlins have slightly expanded payroll in Ng’s tenure, they are still among the game’s lower spenders.  It could be argued that with Jeter and ex-manager Don Mattingly gone, Ng now freer rein to turn the Marlins in her own direction, beginning with the hiring of Skip Schumaker as the club’s new bench boss.  The terms of Ng’s contract weren’t publicly revealed, so 2023 could conceivably be the final guaranteed year of her deal — if so, some progress might be necessary to keep owner Bruce Sherman from starting yet another rebuild.

Nationals: President of baseball operations Mike Rizzo and manager Davey Martinez are both only signed through the 2023 season, as the Nationals exercised club options on both men back in July.  Wins and losses aren’t really a factor for the rebuilding Nats, but the ongoing search for a new owner certainly is, though the most recent reports haven’t given any clear timeline on when a sale might be finalized.  As a result, Rizzo and Martinez might each be facing a lame-duck season, with their fates unknown until a new owner is in place.

Orioles: The contract terms of GM Mike Elias and manager Brandon Hyde haven’t been publicized, though Hyde’s newest extension runs through at least the 2023 season.  Since the O’s were so quiet about extending Hyde, it wouldn’t be a surprise to learn that Elias was also extended at some point, continuing a tenure that began with the 2018-19 offseason.  Regardless of the details, it certainly doesn’t seem like either Elias or Hyde are going anywhere, considering how the Orioles had a winning record (83-79) in 2022 and seem ready to put their rebuild firmly in the rearview mirror.

Pirates: Speaking of rebuilds, the Pirates can only hope for a Baltimore-esque breakout next year.  Ben Cherington is entering the fourth season as Pittsburgh’s general manager, on a contract of an unknown length.  Manager Derek Shelton is concretely operating on a four-year pact, so 2023 will be his last guaranteed season, though Cherington has spoken glowingly about Shelton’s work in leading the young Bucs through the hard times of the rebuild period.  Extensions would keep Shelton and perhaps Cherington from being lame ducks in 2023, though there doesn’t seem to be any sense that either is in danger of being let go.

Rangers: Chris Young became the Rangers’ GM in December 2020, and he unexpectedly found himself in charge of the front office entirely once Daniels was fired in August.  The terms of Young’s initial contract weren’t known, and it doesn’t seem as though his surprise promotion came with any extra years added onto his deal.  The Rangers’ spending spree over the last two offseasons has left no doubt that ownership wants to win now, so Young’s own job could be in jeopardy if Texas struggles (or perhaps has a slow start) in 2023.  That said, Young’s past history as a player under manager Bruce Bochy surely played a role in convincing Bochy to become the Rangers’ new skipper, so Young has started to make his influence known in the Texas front office.

Reds: David Bell’s two-year contract is up after the 2023 season, which would be Bell’s fifth season as the Reds’ manager.  Cincinnati promoted GM Nick Krall as the leader of the baseball ops department following the 2020 season, and Krall has since been tasked with cutting payroll and setting the Reds on a rebuilding path.  Krall’s contract length isn’t publicly known, so 2023 probably isn’t a make-or-break season for Krall to help his job security, unless the team absolutely craters and the development of the Reds’ younger players hits a roadblock.  The same could be true of Bell, unless the front office feels a new voice is needed in the dugout to continue the progress.

Red Sox: The terms of Chaim Bloom’s contract as Boston’s chief baseball officer aren’t publicly known, though 2023 will be Bloom’s fourth season.  This is a notable threshold considering Bloom’s predecessors in leading the Red Sox front office — Cherington didn’t last four full seasons, while Dave Dombrowski spent slightly over four years on the job, from August 2015 to September 2019.  Those two executives led the Sox to World Series titles in those brief tenures, while under Bloom, the Red Sox have a pair of last-place finishes sandwiched around a berth in the 2021 ALCS.  Assuming ownership is still as impatient to win, Bloom might need the Sox to take a big step up in 2023 in order to keep his job.

Rockies: Bud Black has only one guaranteed year remaining on his deal, yet seems to be operating on what The Athletic’s Nick Groke reported as “a rolling year-to-year contract.”  Even considering how the Rockies traditionally operate on a system of loyalty and continuity, one would imagine that a fifth straight losing season might be enough to convince the team to pursue a new manager.

Royals: Similar to the Rangers’ situation with Young, Kansas City GM J.J. Picollo found himself atop the Royals’ baseball ops pyramid when Moore was fired in September, with no word of a contract extension attached to this change in responsibility.  The difference is that Picollo has had a much longer tenure in K.C. (having worked in the front office since 2006 under Moore’s leadership), and while owner John Sherman is undoubtedly eager to start winning, he hasn’t invested the hundreds of millions that the Rangers’ owners have in their struggling club.  Immediate success might not be expected in Picollo’s first year, but his chances of a longer deal might hinge on whether or not the Royals’ younger players start developing at a better rate, or if new manager Matt Quatraro can get more out of the young club.

Twins: The 2022 season completed the guaranteed portion of Rocco Baldelli’s initial contract with the Twins, which was a four-year deal with multiple club options attached.  Chief baseball officer Derek Falvey stated in September that Baldelli would be back next season, so at the very least, the Twins have exercised their option on Baldelli for 2023.  For what it’s worth, Falvey and GM Thad Levine are both under contract through 2024, and it is possible Falvey, Levine, and Baldelli might all be in hot water if the Twins can’t turn things around this coming season.  Minnesota followed up AL Central titles in both 2019 and 2020 with two losing seasons, and another sub-.500 campaign might make Baldelli the first one out the door, given his lesser contractual control.

White Sox: Executive VP Ken Williams (1997) and general manager Rick Hahn (2002) are each long-time members of Chicago’s front office, and have been in their current positions since October 2012.  Since the White Sox don’t publicize executive contracts, not much is known about Williams or Hahn’s status, other than that their last extensions came during the 2017 season.  It’s fair to guess that both might have received new deals since that time, but in any case, it may be a moot point given how owner Jerry Reinsdorf isn’t quick to make changes in the front office.  The hope is that new manager Pedro Grifol can succeed where Tony La Russa didn’t, and there hasn’t been any sense that Williams or Hahn might be on the hot seat, though that could possibly change if a White Sox team built to win now stumbles again.

Giants Designate Tommy La Stella For Assignment

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The Giants have designated infielder Tommy La Stella for assignment, reports Alex Pavlovic of NBC Sports Bay Area. The move opens a roster spot for reliever Taylor Rogers.

La Stella, 34 in January, had an up-and-down career before coming to the Giants. After a couple of subpar seasons with the Braves and Cubs in 2014 and 2015, he seemed to find a good groove after that. Still with the Cubs in 2016 and 2017, he walked in 11.9% of his plate appearances and produced an overall batting line of .278/.372/.436. That production was 16% above league average, as evidenced by his 116 wRC+.

He had a swoon in 2018, as he hit just a single home run in 123 games and his walk rate dipped to 8.9%, leading to a batting line of .266/.340/.331 and a wRC+ of 87. However, he seemed to take a big step forward in 2019, hitting 16 home runs, more than his total over the previous five seasons. His walk rate dipped again but he only struck out in 8.7% of his plate appearances. 2019 was the “juiced ball” season, but he was still well above average at the plate. His .295/.346/.486 amounted to a wRC+ of 119, indicating he was 19% better than average that year, with wRC+ controlling for the offensive environment around the league.

In the shortened 2020 campaign, he added another five home runs and dropped his strikeout rate even farther to just 5.3%. He parlayed that into a three-year, $18.75MM deal with the Giants going into 2021. Unfortunately, La Stella’s seesaw career has been pointing straight down since that deal was signed. He made multiple trips to the injured list in 2021, getting into 76 games and hitting just .250/.308/.405 for a wRC+ of 93. He underwent achilles surgery in October, which was originally reported as occurring on his left achilles but was reported almost a year later to have been on both of them, per Andrew Baggarly of The Athletic.

In 2022, things got worse, as he continued to make frequent trips to the IL. He only played 60 games in the most recent season and took the field for just 76 innings on the year. When in the lineup, he produced a slash line of just .239/.282/.350 for a wRC+ of 78. Though there’s still another year left on his contract, it seems the Giants have decided it’s time to move on.

La Stella’s deal was heavily backloaded, as he made just $2MM in 2021, $5.25MM this year and is set for a salary of $11.5MM next year. The Giants will now have one week to trade La Stella or pass him through waivers, though a trade will be difficult to accomplish. Given the past two years have seen him struggle both in terms of health and performance, there will be little appetite from other teams to take on that $11.5MM salary. On the defensive side of things, La Stella has previously been able to serve as a utility player, splitting his time between second, third and first base. However, he hasn’t been rated as especially strong at any of them and barely donned a glove in 2022.

Assuming he clears waivers, he has more than five years of MLB service time, which gives him the right to reject an outright assignment and elect free agency while retaining that salary. At that point, any club in the league could sign him and pay him the prorated league minimum for any time spent on the roster, with that amount being subtracted from what the Giants pay.

Giants, Taylor Rogers Agree To Three-Year Deal

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December 28: The Giants have officially announced the signing of Rogers. He’ll make $9MM in 2023 followed by $12MM salaries in the next two seasons, reports Alex Pavlovic of NBC Sports Bay Area.

December 23: The Giants and reliever Taylor Rogers are in agreement on a three-year, $33MM contract, reports Ken Rosenthal of The Athletic. The deal for the Frontline client is pending a physical.

Rogers, 32, will now join his twin brother in the San Francisco bullpen, as right-hander Tyler Rogers is already on the club. The left-handed Taylor was one of the top relievers available in free agency this offseason and certainly one of the best southpaws. He came into the open market on a bit of a down note, as he posted a combined 4.76 ERA between the Padres and Brewers, having switched jerseys as part of the much-maligned Josh Hader trade.

Taylor Rogers | Kim Klement-USA TODAY SportsHowever, it wasn’t quite as bad as that ERA might seem. His 30.7% strikeout rate and 6.9% walk rate were both much better than average and roughly in line with his career marks. His 42.4% ground ball rate was below league average but only by half a percentage point. A 63.5% strand rate may have been a culprit, as that’s roughly 10% below his 74.1% career norm and the 72.6% league average in 2022.

Advanced metrics were much more fond of Rogers in 2022, as he posted a 3.31 FIP, 3.26 xFIP and 2.64 SIERA. Those numbers are also more in line with his pre-2022 form. With the Twins from 2016 to 2021, he made 319 appearances with a 3.15 ERA, 27.9% strikeout rate, 5.9% walk rate and 47.8% ground ball rate, with all of those numbers being a few ticks better than the league average hurler. Though the 4.76 ERA in 2022 didn’t look great, he has a lengthy track record as being a very effective big league reliever and that figure likely wasn’t deserved. MLBTR predicted he could secure a three-year, $30MM deal and he has come out ahead of that.

For the Giants, the signing of Rogers makes plenty of sense given their dearth of reliable southpaw relievers. Prior to this agreement, Scott Alexander and Sam Long were the only lefties projected to be in the bullpen. Alexander has had great results but is frequently injured, not reaching 20 MLB innings since 2018, and will be turning 34 next season. Long has just 40 games in the majors with a 4.55 ERA to show for it. Given those options, it makes plenty of sense that the club has targeted improvements in this area. Rogers should slot in behind closer Camilo Doval for some high-leverage work. For teams still looking for left-handed additions to their bullpen, the top options with Rogers off the board include Andrew Chafin, Matt Moore and Brad Hand.

Assuming an even distribution of the money in $11MM increments, Roster Resource now calculates the club’s payroll to just above $191MM and their competitive balance tax figure to be $208MM. That payroll is well beyond last year’s $155MM Opening Day number, per Cot’s Baseball Contracts, but they have gone above $200MM in the past. It’s unknown how much they plan on spending this winter, but they still have lots of room before reaching the $233MM base threshold of the luxury tax.

Image courtesy of USA Today Sports.

Mets Have “Raised Concerns” Over Carlos Correa’s Physical, Deal Still “Likely”

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Dec 26: Heyman reports that a few teams have “checked in” since the Mets showed concern in the physical. A situation akin to what happened in San Francisco just a week ago does not appear nigh though, as Heyman adds that talks between the Mets and Correa’s camp appear to have been more substantive than what occurred with the Giants in the aftermath of Correa’s physical there.

Dec 24, 2:51pm: According to Jesse Rogers of ESPN, a deal with the Mets is still “likely”, although he reports that the contract could be reworked considering the issue. While it’s not known what a reworked contract would look like, it could include altering the duration or financial guarantee of the contract, or rewording it to alter the amount of guaranteed money Correa makes should he miss a period of time due to the specific leg ailment which is causing concern. Rogers adds that there is not a timetable in place to resolve the matter.

10:56am: Carlos Correa’s physical with the Mets has “raised concerns”, according to a report from Ken Rosenthal and Dan Hayes of The Athletic. Per the report, the concern centers on Correa’s surgically repaired lower right leg. Correa has agreed to a 12-year, $315MM deal with the Mets just days after a 13-year, $350MM deal with the Giants fell through over concerns over the physical.

While it’s jarring to hear given the events of the past week, it’s unclear yet what this means for the status of the deal. Jon Heyman of the New York Post reports that the two parties are currently trying to work through the issue.

Mets owner Steve Cohen has already addressed the deal, telling Heyman earlier this week that “we needed one more thing, and this is it”. That’s particularly significant as, per The Athletic’s report, addressing the deal on the record could make it trickier to back out of the agreement, although there’s nothing to suggest that’s what the Mets are looking to do.

It’s been a fascinating turn of events in Correa’s free agency over the past week. Generally, reported agreements pending a physical have become official without a hitch, but Correa’s has now hit a snag on two separate occasions in the space of a week. Further, he’s one of the top free agents this winter and had agreed to deals worth in excess of $300MM. Correa had agreed to a long-term contract with the Giants on December 13, but that fell over on Monday after the Giants reportedly asked for more time to look into the medicals after finding something that gave them pause. However, agent Scott Boras quickly pivoted and went to the Mets, who quickly agreed to their own long-term deal for $35MM less than the original Giants agreement.

Boras sought to re-engage with the Twins as well after the Giants deal fell through. Per The Athletic’s report, they’d offered him a ten-year, $285MM deal but would have put a greater emphasis on a physical before that deal than the deal he signed with Minnesota earlier in 2022, given the long-term nature of the proposal. The report also adds that after Correa became available again, the Twins were unwilling to alter their initial proposal, and would have wanted to investigate the issues raised in the player’s physical with the Giants.

The Giants have been quiet on the matter. HIPAA laws restrict them from disclosing clear answers about the precise nature of the injury, but president of baseball operations Farhan Zaidi did offer a statement: “While we are prohibited from disclosing confidential medical information, as Scott Boras stated publicly, there was a difference of opinion over the results of Carlos’ physical examination. We wish Carlos the best.”

The Correa camp has denied any cause for concern. Prior to undertaking his physical with the Mets, Boras said “there is nothing with him that is currently any sort of medical issue,” via Anthony DiComo of MLB.com. He also added that the Giants were trying to use a “crystal ball” to try and predict Correa’s long term health (via Laura Albanese of Newsday).

Various reports have mentioned Correa’s right leg as the source of concern for both the Giants and Mets. Back in 2014, a teenage Correa fractured his right fibula and sustained minor ligament damage while playing in High-A in the Astros organization. That injury required arthroscopic surgery to repair. Correa has missed time for thumb, back and rib issues in the big leagues, but the right leg has never sent him to the injured list in his eight big league seasons.

It is worth remembering that only a few years ago the Mets did pull out of a deal with a player. In 2021, they drafted Kumar Rocker 10th overall and agreed to a $6MM signing bonus, before abandoning the deal after growing concerned by something they saw in the physical. Of course, backing out of a $6MM deal for draft pick and a $315MM contract for an All-Star are two different things, and Cohen’s comments certainly give confidence that a deal can still go through in some form.

It’s the latest twist in what has been a tumultuous time for Correa on the open market. He was the top free agent after departing the Astros last year, but after the long-term deal he sought didn’t eventuate he took a three-year, opt-out laden, $105.1MM deal with the Twins. After earning $35.1MM last season and putting up another strong season he opted out and hit the open market for the second-straight winter. The long-term mega deal he’d been seeking looked to have finally come to fruition when it was reported the Giants had agreed to a 13-year, $350MM pact. That deal fell through, but Correa was able to quickly land a $300MM+ deal with the Mets. While there’s every chance a deal with New York still goes through, there’s at least some doubt now hanging over it.

Giants, Ljay Newsome Agree to Minor League Deal

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The Giants have signed reliever Ljay Newsome to a minor league contract, according to his transactions log at MLB.com. The 26-year-old joins the third organization of his professional career.

Newsome entered the pro ranks in 2015, selected by the Mariners in the 26th round out of Chopticon High School in Maryland. He’d spend the next five seasons working his way through Seattle’s system, eventually joining the big league club’s alternate training site during the 2020 season and appearing in five games at the major league level, throwing 15 2/3 innings but giving up 20 hits and nine earned runs.

Nevertheless, the righty broke camp with the club during the 2021 season but would suffer a UCL injury in May, ending his year. The Mariners placed him on waivers following the season and he was subsequently picked up by the Cardinals. Newsome made his return midway through the 2022 season, but struggled across at Single-A and Triple-A levels of minor league ball, pitching to a combined 6 ERA in nine innings while giving up 11 hits, albeit with a solid 8:2 strikeout-to-walk ratio.

Following the 2022 season, Newsome was released but it did not take him long to secure a new home for 2023. Despite a poor cumulative 6.53 ERA in 30 1/3 innings at the major league level, he has shown elite control, walking only four of the 137 MLB hitters he’s faced (2.9%). Additionally, during his last full minor league season, Newsome pitched to a 3.54 ERA in 155 innings across three levels with a sparkling 169:17 strikeout-to-walk ratio.

Newsome has flashed elite control and is coming off a season of rehab. He’ll presumably start next year with the Giants’ highest affiliate in Sacramento but could put himself in the mix for an MLB bullpen job at some point. Newsome has three option years remaining, so if he cracks the 40-man roster at any point, the Giants can freely move him between San Francisco and Sacramento.

Carlos Correa Taking Physical With Mets Today

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Carlos Correa is undergoing his physical with the Mets today, agent Scott Boras announced to reporters (including Lindsey Adler of the Wall Street Journal). According to Boras, the Mets are expected to take 24-48 hours to review the results (relayed by Anthony DiComo of MLB.com).

Under normal circumstances, a free agent who has agreed to terms with a team undergoing a physical would hardly be worth noting. In most cases, agreements are reported on before a deal is made official, with the physical a rubber stamp on the way to the official announcement. Of course, the Correa situation has been anything but normal. He agreed to a 13-year, $350MM deal — pending a physical — with the Giants on December 13. That was scuttled on Monday evening when the Giants found something in their examination of Correa that gave them pause. They reportedly wanted more time to look into the medicals but Boras quickly pivoted and secured a new deal with the Mets for 12 years and $315MM. It has occasionally happened before that deals have been scuttled by medicals but never with a player or contract of this magnitude.

The Giants are restricted by HIPAA laws from providing clear answers about the precise nature of the injury. President of baseball operations Farhan Zaidi released a very generic statement on the matter yesterday: “While we are prohibited from disclosing confidential medical information, as Scott Boras stated publicly, there was a difference of opinion over the results of Carlos’ physical examination. We wish Carlos the best.”

Various reports over the past 24 hours have indicated the Giants raised concerns regarded Correa’s right leg. As a prospect in the Astros organization, a then 19-year-old Correa fractured his right fibula while playing in High-A in June 2014. The injury required surgery and cost him the remainder of that season. Last night, Andrew Baggarly of The Athletic wrote about the dilemma and called San Francisco’s concern “pretty obvious” while linking to a 2014 Houston Chronicle story about the fibula fracture.

Jeff Passan of ESPN also indicates the right leg was the issue as part of a wider-ranging piece on the bizarre situation. According to Passan, San Francisco asked Correa’s camp for time to evaluate the issue after identifying their concerns in the physical on Monday night. The team postponed the press conference they’d scheduled Tuesday morning, one clearly designed to formally introduce Correa as a Giant after he signed his contract. That afternoon, the sides reengaged over the phone and the Giants informed Boras they weren’t prepared to keep their 13-year, $350MM offer on the table, Passan writes. San Francisco may have been willing to renegotiate a lower deal, according to Passan, but the decision not to abide by the originally agreed upon terms freed Correa’s camp to explore other opportunities.

In the hours after the Giants deal fell apart, Boras and his staff reached out to both the Mets and Twins. Last night, Andy McCullough, Ken Rosenthal and Will Sammon of The Athletic reported that Correa’s camp had been in touch with Minnesota before agreeing to terms with the Mets. The Twins, Correa’s incumbent team, had put forth a ten-year, $285MM offer earlier in the offseason. According to both The Athletic and ESPN, Minnesota expressed reluctance to move past that proposal on Tuesday evening — at least not without more time to evaluate the concerns raised by the Giants in their exam.

Not long after, Correa and the Mets hammered out the agreement. Both The Athletic and ESPN characterize negotiations as fairly direct between Boras, New York owner Steve Cohen and Mets general manager Billy Eppler. By the middle of the night, Jon Heyman of the New York Post reported the sides were in agreement on their 12-year pact. According to McCullough, Rosenthal and Sammon, Mets manager Buck Showalter and numerous other team officials weren’t aware of the extent of negotiations, learning when they woke up Wednesday morning about the agreement.

That’s all subject to the Mets physical evaluation, of course. However, there doesn’t seem to be much concern within the New York organization about Correa potentially failing a second physical. Cohen discussed the agreement on the record with Heyman; as Andy Martino of SNY wrote yesterday, that’d open the Mets up for a potential grievance if they back out of the deal over concerns about the medicals.

Correa’s camp, predictably, has denied there’s reason for concern. “There is nothing with him that is currently any sort of medical issue,” Boras said this morning, per DiComo. The agent added the Giants were trying to use a “crystal ball” to predict Correa’s long-term health (via Laura Albanese of Newsday).

The right leg that apparently gave the Giants pause has never sent Correa to the injured list as a major leaguer. He missed the second half of the 2014 minor league season recovering from surgery but was back on the field at the start of the following campaign. Correa has had a few injured list stints in the majors, missing time between 2017-19 with a torn ligament in his left thumb, back soreness (twice) and a rib fracture. He also lost a bit of time this past season after bruising his right middle finger. Since making his MLB debut, Correa hasn’t had any IL stints related to his lower half. However, Passan writes that San Francisco’s medical professionals raised concerns about the long-term stability of his right leg, fearing he could quickly lose the lateral mobility that plays such a key role in his defensive projection.

It’s worth pointing out that there is some precedent for the Mets similarly striking down a deal with a player, just as the Giants have done with Correa this week. The Mets selected Kumar Rocker, also represented by Boras, 10th overall in the 2021 draft and agreed to a $6MM signing bonus until they grew concerned by something in his physical and the deal fell apart. Backing out of a $6MM bonus for a draftee and a $315MM agreement with a superstar are two different things, however, and Cohen’s on-record discussions of the Correa agreement reiterate the owner’s confidence in the exam going without issue.

It has been a rollercoaster for Correa over the past two years, having reached free agency for the first time after the 2021 season. He went into the open market seeking a deal of ten-plus years in length and over $300MM but didn’t find one before the sport went into a lockout in December. During that lockout, he fired his representatives and hired Boras. After the lockout, he still didn’t find the megadeal he was looking for, but settled on a three-year contract with Minnesota that paid him a huge $35.1MM annual salary and allowed him to opt out after each season.

After another solid performance in 2022, he returned to the open market and seemed to finally land the deal he wanted with San Francisco. That’s gone but he secured another within hours from the Mets. There’s one step to go, perhaps the most anticipated physical examination in baseball history.

White Sox Acquire Gregory Santos

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The White Sox are acquiring reliever Gregory Santos from the Giants, reports Robert Murray of FanSided. Santos was recently designated for assignment by the Giants. The White Sox have since announced the deal, with minor league right-hander Kade McClure going the other way.

Santos, 23, began his career in the Red Sox organization but came to the Giants in the 2017 deadline deal that sent Eduardo Núñez to Boston. The Giants were impressed enough with his development to give him a 40-man roster spot ahead of the 2020 Rule 5 draft. In 2021, Santos made a brief MLB debut but was handed an 80-game suspension in June after testing positive for Stanozolol, a banned performance-enhancing drug.

In 2022, Santos served as optional depth, throwing just 3 2/3 innings in the big leagues. In 33 Triple-A innings, he posted a 4.91 ERA with strong strikeout rate and ground ball rates of 23% and 51.7%, respectively. However, control was an issue with Santos walking 13.5% of batters faced, something that has been a persistent problem in recent years. He has a 16.7% walk rate in his brief MLB tenure as well.

Despite those control issues, the White Sox are likely interested in the power of his arm, as his fastball averaged at 98.8 mph in his brief showing this year. He’s also still quite young and has one option year remaining, allowing him to serve as depth in the minor leagues.

McClure, 27 in February, was a sixth round selection of the White Sox in 2017. He worked his way up the minors as a starting pitcher, posting decent enough results for Baseball America to deem him the #20 White Sox prospect going into 2021. Unfortunately, he reached Triple-A that year and struggled by posting a 6.81 ERA. In 2022, the Sox shifted him to the bullpen, as he made just five starts and 39 relief appearances. His 4.97 ERA in Triple-A this year still isn’t great, but he did have solid peripherals with a 24.8% strikeout rate, 7.2% walk rate and 39% ground ball rate.

Scott Boras Comments On Carlos Correa Situation

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The past week has seen an incredible free agent plot twist that’s unprecedented in baseball history. Reports emerged last week indicating that the Giants had agreed to terms with shortstop Carlos Correa on a 13-year, $350MM deal. That deal, like all free agent agreements, was pending a physical. However, it was reported yesterday that an issue flagged during Correa’s physical caused the Giants to delay a press conference that was set to introduce Correa. That was followed by a stunning middle-of-the-night report that Correa had a new agreement with the Mets for 12 years and $315MM.

The entire baseball world is still trying to piece together how such a strange sequence of events came to pass. Correa’s agent, Scott Boras, has provided his perspective today, giving comment to Susan Slusser of the San Francisco Chronicle and Ken Rosenthal of The Athletic.

“We reached an agreement. We had a letter of agreement. We gave them a time frame to execute it,” Boras said. “They advised us they still had questions. They still wanted to talk to other people, other doctors, go through it. I said, ‘Look, I’ve given you a reasonable time. We need to move forward on this. Give me a time frame. If you’re not going to execute, I need to go talk with other teams.”

It still isn’t publicly known what issue the Giants found during Correa’s physical, but Boras frames it as an old injury that precedes Correa’s time in the majors. “You’re talking about a player who has played eight major-league seasons,” Boras said. “There are things in his medical record that happened decades ago. These are all speculative dynamics. Every team has a right to go through things and evaluate things. The key thing is, we gave them (the Giants) medical reports at the time. They still wanted to sign the player and negotiate with the player.”

Rosenthal lays out that Correa suffered a season-ending leg injury in the minor leagues in 2014 but he has not been on the injured list for a lower leg injury since his promotion to the majors. He’s also had back issues in the past but his last IL stint for a back injury was in 2019.

Giants president of baseball operations Farhan Zaidi also provided a comment, though without getting into specifics. “While we are prohibited from disclosing confidential medical information, as Scott Boras stated publicly, there was a difference of opinion over the results of Carlos’ physical examination,” Zaidi said to reporters, including Alex Pavlovic of NBC Sports Bay Area. “We wish Carlos the best.”

It’s worth reiterating that, with the Giants not providing any details, we only really have one side of the story. As Correa’s agent, Boras is surely motivated to wipe away the concern of the Giants as unreasonable or a non-issue. Correa’s new deal with the Mets is also pending a physical and won’t be official until that is complete. However, if the Mets end up having the same concerns as the Giants, it might be difficult for them to back out in a similar fashion. Andy Martino of SNY reports that the Mets could face a grievance if they back out of the deal since owner Steve Cohen has already discussed the deal on the record.

Also noted by Rosenthal, it’s not entirely unprecedented for medical personnel to come to different conclusions about the health of a player. This Boras-Mets situation was the other way around with Kumar Rocker, whom the Mets selected 10th overall in the 2021 draft. The Mets had agreed to give Rocker, who is represented by Boras, a $6MM bonus before medical concerns scuttled the deal. Rocker re-entered the draft a year later and was selected third overall by the Rangers.

It has also occasionally happened in the past that free agents agree to terms with teams but then issues pop up with the physical before the deal is official. In one recent example, reliever Grant Balfour agreed to terms with the Orioles on a two-year, $15MM deal prior to the 2014 season. The O’s backed out after conducting Balfour’s physical and he instead signed with the Rays for two years and $12MM. However, a similar situation for a free agent of Correa’s magnitude hasn’t been seen before.

Yankees Sign Carlos Rodon To Six-Year Deal

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December 21: The Yankees have officially announced the signing.

December 15: The best remaining free agent starter is headed to the Bronx. The Yankees are reportedly in agreement on a six-year, $162MM contract with Carlos Rodón. The Boras Corporation client will receive a $5MM signing bonus and a $22MM salary next season followed by successive $27MM salaries from 2024-28. The deal contains a full no-trade clause and runs through Rodón’s age-35 season.

New York pairs the addition with their record-setting deal for defending AL MVP Aaron Judge as part of a huge offseason. The guarantee ties that of Brandon Nimmo for the sixth-largest deal of the offseason. Rodón will finish with the second-largest guarantee among free agent pitchers, narrowly behind the five-year, $185MM pact Jacob deGrom inked with the Rangers.

It’s the culmination of an incredible two-season run. The left-hander entered the professional ranks eight years ago, selected by the White Sox with the third overall pick in the 2014 draft. Owner of a mid-90s fastball and a wipeout slider, he was regarded as a potential top-of-the-rotation starter who’d quickly reach the big leagues. Rodón indeed found himself on Chicago’s south side by the middle of the 2015 campaign, and he posted a 3.90 ERA in 304 1/3 innings through the end of the following season.

Unfortunately, the Miami native’s career was then sidetracked by injuries. Rodón lost a chunk of the 2017 campaign to biceps bursitis, then underwent arthroscopic shoulder surgery that September. He didn’t debut until June the following year, making 20 starts. Early the next season, Rodón was diagnosed with an elbow issue. He went back under the knife in May ’19, this time undergoing a Tommy John procedure. He missed the remainder of that year, returning at the tail end of the 2020 campaign for four appearances.

The mounting injury troubles led the White Sox to decline to tender him a contract heading into 2021. Chicago circled back towards the end of the offseason, bringing him back on a $3MM free agent deal. That move was met with a fair amount of criticism, but it turned into one of the best decisions of GM Rick Hahn’s tenure.

Rodón was brilliant in 2021, earning his first All-Star nod with a 2.31 ERA over 89 2/3 first-half innings. He looked on his way to a Cy Young award when he dealt with some shoulder fatigue in August. Rodón only missed a couple weeks and continued to pitch well upon his return, although his velocity dropped towards season’s end. The southpaw concluded the year with a 2.37 ERA and a massive 34.6% strikeout percentage across 132 2/3 innings. He placed fifth in Cy Young balloting.

The end-of-year shoulder issue and velocity dip seemed to scare the Chicago front office, however. They made the eyebrow-raising decision not to issue Rodón a qualifying offer, allowing him to hit the open market without draft compensation attached. He remained a free agent until after the lockout, when the Giants added him on a two-year, $44MM guarantee. The deal contained an opt-out clause after year one, conditional on Rodón reaching 110 innings pitched in 2022. It was an opportunity for the star hurler to bet on himself, knowing a nine-figure deal could be in the cards if he maintained his 2021 form over a full, healthy season.

Rodón did exactly that, doubling down with perhaps the best season of his career. He stayed healthy all year, making 31 starts and tallying a personal-high 178 innings. Rodón worked to a sterling 2.88 ERA. He earned a second straight All-Star nod and was among the game’s best at missing bats. Rodón fanned 33.4% of opponents against a solid 7.3% walk rate. Among pitchers with 100+ innings, only Braves rookier Spencer Strider bested that strikeout percentage. Strider, Shohei Ohtani, Max Scherzer and Gerrit Cole were the only pitchers with a larger gap between their strikeout and walk rates.

Almost as importantly, Rodón’s arsenal showed no ill effects after his 2021 dip. His fastball averaged a strong 95.5 MPH, making him one of the game’s harder-throwing lefty pitchers. He generated high-end spin and whiff rates on both his fastball and slider, and opposing hitters swung through a massive 14.1% of his total pitches. Rodón stifled batters from both sides of the plate; he held lefties to a .179/.257/.260 line, while hitters with the platoon advantage put together just a .207/.264/.319 mark.

A second season of elite performance, this one without any health scares, cemented the 30-year-old as one of the sport’s top pitchers. His career took a more winding road than expected when he was drafted, but Rodón has developed into a top-of-the-rotation starter. He made the easy decision to opt out of his deal with San Francisco after topping the necessary innings threshold, and he quickly turned down a qualifying offer.

It now looks like a potentially elite Yankee rotation. New York watched Jameson Taillon depart but upgrades with the Rodón addition. He and Cole are co-aces, backed up by breakout hurler Nestor Cortes, Luis Severino and Frankie Montas. The latter two have had some injury concerns in recent seasons, but they’re overqualified as fourth and fifth starters if healthy. Domingo Germán, Clarke Schmidt and prospect Randy Vasquez are on hand as depth options who could step in if any of the top five get injured.

Rodón was one of three aces available in free agency, jointing deGrom and Justin Verlander. As the youngest of that trio, he always looked likely to secure the longest deal. The six-year term will be the longest for any pitcher this winter, although deGrom’s five-year contract and the stronger than expected market for mid-tier starters led to rumors Rodón’s camp was seeking a seven-year pact that’d push past $200MM. He falls well shy of that lofty hope, but the six-year, $162MM commitment is still quite strong for a pitcher.

It’s the first six-year commitment for a free agent pitcher since Cole and Stephen Strasburg pushed to nine and seven years, respectively, over the 2019-20 offseason. Patrick Corbin ($140MM) and Yu Darvish ($120MM) are the only other open market hurlers to reach six years since the start of the 2016 campaign. At the start of this offseason, MLBTR forecasted Rodón for a five-year, $140MM pact.

The cost for New York goes beyond the salary they’ll owe, as the deal pushes them even further into luxury tax territory. The Yankees were already set to pay the competitive balance tax, and adding Rodón pushes them towards the top tier of penalization. The contract comes with a $27MM average annual value, bringing New York’s CBT figure within a rounding error of the $293MM mark, according to Roster Resource. That’s the cutoff for the fourth CBT tier and places them around $60MM north of the $233MM base threshold.

New York also paid the luxury tax in 2022, so they’ll be subject to heightened penalties as a repeat payor. The Yankees will pay a 30% tax on their first $20MM in overages ($6MM), 42% on their next $20MM ($8.4MM), 75% on the next $20MM ($15MM) and 90% on every dollar spent above $293MM. Signing Rodón pushes them firmly to the top of the third threshold, essentially tacking on around $18MM in taxes. The $27MM salary will bring their raw payroll total around $277MM, which’ll easily be a franchise record.

Going past the third threshold will also push the Yankees first draft choice in 2024 down ten spots. Meanwhile, signing a player who’d turned down a qualifying offer will have a significant impact on their 2023 draft. New York is subject to the highest penalties as a team that paid the CBT this year. They’ll lose their second and fifth-highest selection in next summer’s amateur draft, while their international bonus allotment will drop by $1MM.

The Giants will receive compensation for Rodón’s departure. As a team that neither received revenue sharing payments nor paid the CBT this year, they’ll pick up a bonus selection between Competitive Balance Round B and the start of third round (typically around 75th overall) in next year’s draft. San Francisco had seemingly prepared for Rodón’s departure from the roster by making a pair of their preferred shorter-term rotation additions, bringing aboard Sean Manaea and Ross Stripling on two-year guarantees.

With Ródon off the board, Dansby Swanson is the last remaining free agent who’s likely to find a nine-figure deal. The free agent rotation market has mostly been covered at the top end, with Nathan Eovaldi, Michael Wacha, Johnny Cueto, Corey Kluber and Drew Rucinski standing as some of the top options still available. Needless to say, none of that group has the kind of upside Rodón does. It’s a bold bet from the Yankees, one they hope adds an impact arm to their playoff rotation as they look to advance past the AL Championship Series for the first time since 2009.

Jon Heyman of the New York Post first reported Rodón and the Yankees had agreed to a six-year, $162MM deal that contained a full no-trade clause. Bob Nightengale of USA Today was first to report the specific financial breakdown.

Image courtesy of USA Today Sports.

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